This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Peter E. Raskind Joins The Capital One Board Of Directors

Stocks in this article: COF

Capital One Financial Corporation (NYSE: COF) today announced that Peter E. Raskind has been appointed to the company's Board of Directors. Raskind, former Chairman, President and Chief Executive Officer of National City Corporation, will fill a newly created seat on the Board, and will join the class of directors whose nominations will be submitted for election by Capital One stockholders in May 2012. Raskind will join the Board’s Audit and Risk Committee.

"I am very pleased to welcome Peter to our Board," said Richard D. Fairbank, Chairman and Chief Executive Officer of Capital One. "With more than three decades of banking expertise and leadership skills that span a broad spectrum of endeavors, Peter brings further depth and perspective to our Board. He will make an excellent addition and will be a valuable resource for our company."

With more than thirty years of commercial banking experience, Raskind is currently a consultant to banks and private equity bank investors. Until its merger with the PNC Financial Services Group in December 2008, Raskind served as Chairman, President and Chief Executive Officer of National City Corporation. He was named Chairman in December 2007, Chief Executive Officer in July 2007 and was also a director of the company from January 2007.

Raskind began his career with National City in 2000, was appointed Vice Chairman in 2004 and became President in December 2006. Prior to National City, Raskind had a 17-year career with US Bancorp/First Bank System and first launched his banking career with Harris Bank in 1979.

Raskind has served as a Director of United Community Banks, Inc., Director of Visa USA, Visa International and Inovant, L.L.C. Raskind has also served on the Board of Directors of the Consumer Bankers Association and has been a member of the Financial Services Roundtable.

About Capital One

Capital One Financial Corporation ( www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A. and Capital One Bank (USA), N. A., had $128.2 billion in deposits and $206.0 billion in total assets outstanding as of December 31, 2011. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One, N.A. has approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,678.70 +6.10 0.03%
S&P 500 2,057.09 +5.27 0.26%
NASDAQ 4,771.7630 +13.8840 0.29%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs